Businesses with fewer than 20 employees will get priority to apply for loans. President Joe Biden announced changes to the Paycheck Protection Program (PPP) Monday afternoon, including a two-week ...
The Paycheck Protection Program (PPP) was established in 2020 to provide financial relief to small businesses during the ...
The parent company of Carson Tahoe Regional Medical Center has agreed to pay back millions of dollars in pandemic-era loans as the federal government continues to crack down on fraud related to the ...
One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP). A ...
A Hialeah-based ring hatched an elaborate fraudulent plot to cash in on $14.5 million from the federal government’s PPP loan program during the pandemic. Getty Images Two months after Congress ...
A federal jury convicted Michigan businessman Dale Thrush of Farwell of wire fraud for fraudulently obtaining a Payroll Protection Program (PPP) loan and loan forgiveness. (Canva Pro) A federal jury ...
A founder of a lending service company has pleaded guilty to a serious crime involving fake loans tied to the COVID-19 relief program. Nathan Reis, who co-founded the company Blueacorn, admitted to ...
BATTLE CREEK, MI — A Michigan company received COVID funding it was ineligible to get because of its size, according to federal prosecutors, resulting in an investigation and a hefty payment to ...
Allegations of fraud came to light through a previously sealed lawsuit brought by two whistleblowers. The whistleblowers will receive a combined 15% of the settlement amount, the U.S. Attorney’s ...
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A former Small Business Administration employee who learned the system from the inside and cashed in on pandemic loans for herself and others was sentenced Friday to over four years in prison for ...